Bantugbro
JF-Expert Member
- Feb 22, 2009
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- 4,252
Msikilize JPM hapo kuanzia dakika ya 1:34:50
Last year transactions zilifikia Tsh 139.2 trillion which translate to Tsh 11.6 trillion monthly.
TBT Bantugbro
TZ annual transactions ni around USD 46 billion
KE annual transactions ni around USD 36 billion
Msikilize JPM hapo kuanzia dakika ya 1:34:50
Last year transactions zilifikia Tsh 139.2 trillion which translate to Tsh 11.6 trillion monthly.
And how about Tanzania's mobile money transfer for 2018 plus other loan facilities? R u trying to claim Tanzania does not have them? Do u know the effect of mobile interoperability to Tanzania? Ati Kenya's GDP $90bln? U r not even $70bln!That roughly 60B dollars for Tanzania.
Kenya transacted around 20B dollars in 3rd Q of 2018 alone. Kenya mobile transactions (p2p & mobile commerce) I think matched GDP from 2nd Q of this year when it hit 19B dollars.
https://ca.go.ke/mobile-money-transfers-hit-ksh-2-trillion-as-penetration-shoots-to-100-per-cent/
2017 Kenya mobile money transactions value
Q1 - 11.7B
Q2 - 12.3B
Q3 - 16.5B
Q4 - 17.6B
Total for 2017 - 58B dollars
2018 Kenya Mobile Transactions value
Q1 -18B
Q2 - 19B
Q3 - 20B
Q4 - .? - not yet released.
So going by that trend - you can expect Q4 to be around 21-22B.
The total for last year[2018] will be around 80B - when GDP is expected to be around 90B.
This year 2019 is when mobile money transactions will probably exceed GDP annually . You're looking at more than 100B dollars.
And not this doesn't include mobile lending data - from more than 50 digital credit providers - who already have exceeded the normal banking loans to households.
Safaricom recently launched an overdraft facility - that has also flown off the shelf - netting more than 1B kshs in a week!
Kenya will continue to be global leader in mobile money. Tanzania is not doing badly. And so are Zimbwabwe & even Uganda.
And how about Tanzania's mobile money transfer for 2018 plus other loan facilities? R u trying to claim Tanzania does not have them? Do u know the effect of mobile interoperability to Tanzania? Ati Kenya's GDP $90bln? U r not even $70bln!
Evidence of Kenya's GDP at $90bln?You tell us about Tanzania mobile money transfer and economy. That would be more helpful than angrily ranting here.
Kenya GDP will this year end nearly $90B. It was $72B in 2016. We are just waiting for 4th Q figures that should be out around Feb/March but already the 3rd Q figures are out.
Quarterly Gross Domestic Product Report Third Quarter, 2018 - Kenya National Bureau of Statistics
2018 GDP figures - at current official CBK exchange rate (Kshs 101 to a dollar)
Q1 - Ksh 2.1 trillion - $20.5b
Q2 - Ksh 2.3 trillion - $22.5b
Q3 - Ksh 2.3 trillion - $22.5b
Q4 - ?
So you can see already without factoring the last Q - kenya economy is 65.5 - just 24.5B short of 90B - realistic we might close the last Q with around 22B - that will mean Kenya GDP will be around $88.5B up from I think 82B last year (2017).
Tanzania nominal GDP will probably close the year around 55B. If you're not "careful" Kenya economy might soon "double" your economy. Obviously this is mostly due to ever weakening Tshs against USD so hopefully you're doing fine GDP(PP) wise.
Kuna deals chache we need to finalize kutuweka postion nzur mind you..incoming years we willI gave you evidence from the horse mouth. The KNBS. I link you're quoting relies on 2017 WB global outlook. You should look out for one to be released today at Davos.
Kenya economy will end the year very close to 90B dollars - the data crunching is going on for last quarter - and we will know next month - it will be anything 88-89B as predicted by IMF last year. Tanzania will be around 56B.
If TZ are not careful then by 2023 when Kenya economy will be 150-160B - you'll be stuck around 70-80. That would be double your economy and you'll probably still be a LDC - while kenya will be approaching an upper middle class country.
You're growing at 6-7% while your population is growing at 3% plus - so per capita growth is about 3-4% compared to Kenya nearly 4% annually.
TZ GDP was 56B last yr 2018,so how comes you expect the same figure for this yr?remember our economy is growing at 6-7% annually, so probably we gon hit 62B this yr if evething remains the same.I gave you evidence from the horse mouth. The KNBS. I link you're quoting relies on 2017 WB global outlook. You should look out for one to be released today at Davos.
Kenya economy will end the year very close to 90B dollars - the data crunching is going on for last quarter - and we will know next month - it will be anything 88-89B as predicted by IMF last year. Tanzania will be around 56B.
If TZ are not careful then by 2023 when Kenya economy will be 150-160B - you'll be stuck around 70-80. That would be double your economy and you'll probably still be a LDC - while kenya will be approaching an upper middle class country.
You're growing at 6-7% while your population is growing at 3% plus - so per capita growth is about 3-4% compared to Kenya nearly 4% annually.
That data is January 2019 update!I gave you evidence from the horse mouth. The KNBS. I link you're quoting relies on 2017 WB global outlook. You should look out for one to be released today at Davos.
Kenya economy will end the year very close to 90B dollars - the data crunching is going on for last quarter - and we will know next month - it will be anything 88-89B as predicted by IMF last year. Tanzania will be around 56B.
If TZ are not careful then by 2023 when Kenya economy will be 150-160B - you'll be stuck around 70-80. That would be double your economy and you'll probably still be a LDC - while kenya will be approaching an upper middle class country.
You're growing at 6-7% while your population is growing at 3% plus - so per capita growth is about 3-4% compared to Kenya nearly 4% annually.
The data is from 1960 to 2017. 2018 Kenya was at $86 blnThat data is January 2019 update!
That data is January 2019 update!
Kuna deals chache we need to finalize kutuweka postion nzur mind you..incoming years we will
Sign
1..LNG Plant deal tutaanza ku export Gas
2..Start mining iron,coal and graphite..more likely we will see graphite products related industires like batteries ...we wont be importing iron if we mine our iron so construction cost will be low in Tz
3..With completion of major electricity projects our production will grow very fast
4 ..Hio SGR yetu itatumia very cheap electricity to run sio yenu mnayonunua disel uarabuni kuiendesha .oil price ikipanda na nyie cost of running inaongezeka
5..with more eletricity more industries
Hiv vitu vyote vinaenda sambamba unategemea GDP yetu ibaki kwenye 60-80bil usd ? Utakuwa huna akili kama huoni yote hayo..unahisi nyie tu ndo mna pace?
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Currency yenu ya madafu sio stable against the USD ashaakwambia hapo juuTZ GDP was 56B last yr 2018,so how comes you expect the same figure for this yr?remember our economy is growing at 6-7% annually, so probably we gon hit 62B this yr if evething remains the same.
So if that is the case then by 2023 we might be close to 90 B when you'll be at 110 -120B ,don't be over ambitious
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Mwaka huu GDP lazima itapanda haiwez kua the same.ofcz pesa yetu haiko stableCurrency yenu ya madafu sio stable against the USD ashaakwambia hapo juu
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Mwaka huu GDP lazima itapanda haiwez kua the same.ofcz pesa yetu haiko stable
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Estimates right? And every one knows u couldn't hit a 6% growth on urban GDP for 2018!The data is from 1960 to 2017. 2018 Kenya was at $86 blnView attachment 1000874
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Estimates right? And every one knows u couldn't hit a 6% growth on urban GDP for 2018!
Currency haiko stable cause tumezuia exports of our major contibutors of foreign currency tht is cashew ...unahis govt kwann inazinunua cause world market haiko stable..ikiwa stable tutazi export tu cashew alone contribute over 600mil usdThe TZ economy is growing at 6.5% - but without a stable Tshs/USD exchange rate - then nominal GDP will not grow - coz everything get converted to dollars. But you'll be fine GDP (PPP). But hardly anybody uses GDP(PPP) as measure of anything outside poverty analysis internally. Creditors, Investors, name anybody will be looking at nominal GDP & GDP per capita.